A $200 Million Contract
A Turkish company signed a contract on 1 October 2026 to rehabilitate and operate the Muslimiya cement plant in Aleppo, committing US$200 million (USD) to the project. The agreement was concluded with the state-owned firm responsible for manufacturing and marketing cement in Syria.
The signing was attended by the Minister of Economy and Industry, Nidal al-Shaar, and the governor of Aleppo, Azzam al-Ghareeb. The investing company was identified as Chymco, a Turkish industrial firm.
Build-Operate-Transfer Terms
The deal takes the form of a build-operate-transfer arrangement running for 30 years, under which the investor finances and runs the facility before handing it back to the state at the end of the term. The $200 million commitment covers both the restoration of the damaged plant and the construction of new capacity.
Under this structure the public producer retains ownership while the private operator carries the cost and risk of rebuilding and running the works for three decades.
A Plant Left in Ruins
The Muslimiya site was described as completely destroyed, with debris removal required before reconstruction can begin. The location covers a land area of about 1.59 million square meters within a total site of roughly 2.23 million square meters.
Clearing the rubble is set as the first stage, after which the handover of the cleared site starts the clock on construction.
New Clinker Line
The project includes a new production line designed to turn out 5,000 tons of clinker per day, the semi-finished material from which cement is ground. The investor has set a timeline of 12 months to complete the new line once the site is handed over.
The plan pairs that new line with the rehabilitation of the existing facility, rather than replacing the plant outright.
Foreign Capital Returns
The agreement represents a significant foreign industrial investment in Syria, directed at a cement facility that had been left out of operation by war damage. Cement is a core input for construction, and renewed domestic output bears directly on reconstruction activity.
The 30-year horizon points to a long-term commitment by the investor to rebuild and run the plant.